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Property profile & analytics
OFF-MARKET
Investment properties

57 Gleneida Ave Carmel, NY 10512-1209

1,538 SF 0.08 ac lot Built 1920
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US63-2122621
Property summary
AI-generated overview

This exceptional investment opportunity presents two adjoining storefronts located at 57-59 Gleneida Avenue in the heart of Carmel Hamlet, New York, 10512. Listed at $490,000, this property offers significant potential for a variety of retail businesses. The combined space previously housed a well-established food establishment, suggesting a history of successful commercial activity. The property boasts a highly desirable location in the center of town, ensuring excellent visibility and accessibility for customers. Conveniently situated, the property benefits from access to public sewer and public water, eliminating the need for costly private systems. The precise square footage of each storefront is not specified, but the combined space offers ample room for a variety of retail uses. This property is an excellent opportunity for an investor seeking a strong foothold in a thriving community. The address is 57 Gleneida Ave, Carmel Hamlet, Putnam County, New York. The property's latitude and longitude coordinates are 41.4271231 and -73.6792585 respectively. This turnkey opportunity awaits a discerning buyer.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1920
Total area 1,538 SF
Lot 0.08 ac (3,486 SF)
Zoning code C
APN 372000 44.18-1-8
UPID US63-2122621
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Putnam County National Bank Of Carm · 4 yrs held
Putnam County National Bank Of Carm
since 2021
Last sale
$450,000
3 recorded transactions
2021
$450,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C · Carmel, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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